Sears Holdings Corp. has received court approval to begin trying to sell its best-performing stores. According to court filings, Judge Robert Drain of the U.S. Bankruptcy Court for the Southern District of New York said he would sign off on the company’s plans for auctioning those stores. Sears is expected to find an initial bidder, or “stalking horse,” by Dec. 15.

"I wanted to build something that would tell the million stories of 'Thainess'," says Chadatip Chutrakul, chief executive of Siam Piwat, the firm behind Iconsiam, a half-million-square metre (sqm) complex sits on the banks of Bangkok's Chao Praya River. The retail sector is a rare bright spot in Thailand where the economy lags regional peers, even while growing at 4.6 percent. Developers have $4 billion in retail investments in the pipeline, outstripping new projects in Jakarta, Singapore or Kuala Lumpur.

GARDEN CITY, N.Y., Nov. 7, 2018 /PRNewswire/ -- Simon (SPG), a global leader in premier shopping, dining and entertainment destinations, announced Revtown USA as the latest brand to launch at The Edit Roosevelt Field, Simon's turnkey platform for new retail concepts. Revtown, based in Pittsburgh, launched online in February 2018 and their first store will be open at The Edit Roosevelt Field until February 2019. "The Edit Roosevelt Field provided Revtown with a turnkey retail solution that expedited our journey into physical retail earlier than we initially planned.

The ratings on the principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The performance expectations for a given variable indicate Moody's forward-looking view of the likely range of performance over the medium term. Performance that falls outside the given range can indicate that the collateral's credit quality is stronger or weaker than Moody's had previously expected.

The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Financials sector is rising.